9/10/2023 0 Comments Yahoo finance news feed onlyModerations in the data again fueled bets that the Federal Reserve may ease the pace of its monetary tightening campaign, with investors shrugging off Chair Jerome Powell's assertion earlier this month that a policy shift is not imminent. Meanwhile, Treasury yields tumbled following the report, with the benchmark 10-year note falling well below the 4% level. The technology-heavy Nasdaq Composite ( ^IXIC) advanced a whopping 7.4%, its sharpest climb since emerging from the pandemic crash in March 2020. The S&P 500 ( ^GSPC) rallied 5.5% - its biggest intraday gain since April 2020 - while the Dow Jones Industrial Average ( ^DJI) jumped 1,200 points, or 3.7%, the most since May 2020. Economists surveyed by Bloomberg called for a 7.9% annual rise and 0.5% monthly gain. The Consumer Price Index (CPI) for October reflected a 7.7% increase over last year and 0.4% increase over the prior month, better than Wall Street expected. stocks posted outsized gains Thursday, logging their biggest one-day climb in two years, as Wall Street cheered lighter-than-expected inflation data and monitored midterm election tallies. On March 30, 2022, Singapore executed the first person in over two years, after capital punishment was paused in November 2019 due to the coronavirus pandemic.Įarlier this week, TJC joined nine other human rights groups from around the world in an open letter urging the international community “to help halt this inhumane, ineffective and discriminatory practice in Singapore.U.S. She also petitioned the president for clemency, but that was “unsuccessful.”ĭjamani was the 15th person to be executed for drug offenses since March 2022 - an average of one execution per month - according to the Transformative Justice Collective (TJC), a local group seeking to reform Singapore’s criminal justice system, “starting with the abolition of the death penalty.” Singapore’s Misuse of Drugs Act mandates capital punishment for anyone trafficking more than 15 grams of diamorphine.Īuthorities say Friday’s execution was carried out only after all legal procedures were followed.ĭjamani appealed her conviction and sentence, but her appeal was dismissed by a court in October 2022. The 56-year-old Singaporean was convicted of trafficking around 50 grams (1.72 ounces) of heroin. On Wednesday, authorities executed Mohammed Aziz Hussain, who was also sentenced to death in 2018. The amount is “sufficient to feed the addiction of about 370 abusers for a week,” the bureau said.ĭjamani, who was put to death in Singapore’s Changi Prison, was the first woman executed in Singapore since 2004, when Yen May Woen, 36, was also executed for drug trafficking.ĭjamani’s execution was the fourth to be carried out this year - and the second this week. Saridewi Djamani, a 45-year-old Singaporean, was found guilty in 2018 of “having in her possession for the purpose of trafficking” about 31 grams (1 ounce) of diamorphine, or pure heroin, Singapore’s Central Narcotics Bureau said in a news release. Singapore on Friday executed the first woman in 19 years, as human rights groups urge the city-state to stop its “unlawful and increased resort to executions in the name of drug control.”
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